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The Gross Domestic Product of the Southwest is worth over $80b, given the over 40 million population in the region.
South West Agricultural Company Limited (SWAgCo) Chairman, Mr. Owolabi Salami, who disclosed this during the inauguration of six newly appointed SWAgCo’s board members, said he is committed to changing the landscape and investment outlook of agriculture in the region, especially boosting the region’s GDP.
He said the aim of the agricultural investment company would unlock the untapped potential of agriculture in the region to create wealth, job opportunities and contribute to the nation’s GDP growth.
The Group Chairman, Odua Investment, the parent company of SWAgCo, Dr. Segun Aina, said the new directors were appointed at a time the company is implementing its strategy for economic and social impact within the agricultural space in Nigeria.
Odua Investment: Southwest GDP worth over $80 billion today.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from today.ng Daily Mail and Mail on Sunday newspapers.
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The Odua Investment Company Limited has said the Southwest Gross Domestic Product (GDP) is worth over $80 billion as the region has a population of 40 million people with the ability to create wealth through agriculture.
The organisation which birthed Southwest Agricultural Company Limited (SWAgCo) noted that the agricultural investment company would harness the untapped potential of agriculture in the region in order to create wealth, job opportunities and contribute to the nation’s GDP growth.
SWAgCo was invented to unlock agriculture and sub-optimised agribusiness value by transforming underinvested agribusiness opportunities within Nigeria into institutional-grade investment operations.
Meanwhile, in an effort to reposition SWAgCo, Odua group has appointed six new board members for a four-year term. The group said the development was part of a strategy to strengthen its corporate governance and repositioning the company.